Keisei Main Line railway market report

Keisei Main Line Land market overview

The average price of Keisei Main Line (Kounodai to Narita Airport) Land, in Apr, 2015 to Jun, 2015 was 89,034 JPY/sq.m. The market value represents a decrease of 6,715 JPY (-7.0%) compared to 1 year ago and a transition to a bear market. 51 properties exchanged hands ( The market value represents an increase of 18 (+54.5%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 286.6 sq.m (a -14.1% decrease compared to the 333.8 sq.m of last year.).

One distinguishing feature of recent real-estate transactions was a dramatic increase in transactions involving locations less than ten minutes by foot from the station.

7 stations have experienced increased prices; 5 stations have experienced decreased prices. Market value of most stations decreased. Keiseitsudanuma, Keiseioowada, Keiseinarita station has seen a price increase of over 20% compared to last year. The most dramatic price increase was at Keiseisakura station, where prices have increased +1014.7% compared to last year; a sq.m unit now costs 52,013 JPY/sq.m.

The top 2 stations has seen prices increase +564.5% (+37,821 JPY/sq.m). On the other hand, The bottom 2 stations has seen prices decrease -36.3% (-39,589 JPY/sq.m).

Cause of price increases

  • A dramatic increase in transactions involving locations relatively near to the station less than six minutes by foot from the station (representing 3.0% of total transactions in 2014 and 9.8% of total transactions in 2015)

Causes of price decreases

  • A dramatic decrease in transactions involving locations near to the station less than three minutes by foot from the station (representing 3.0% of total transactions in 2014 and 2.0% of total transactions in 2015)

Land stations market overview

The average price of Keiseitsudanuma Land, the highest market value along this railway was 272,916 JPY/sq.m. The market value represents an increase of 131,740 JPY (+93.3%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents an increase of 1 (+100.0%) compared to 1 year ago and a transition to a dramatic market.).

The average price of Keiseiusui Land, the lowest market value along this railway was 51,947 JPY/sq.m. The market value represents a decrease of 3,073 JPY (-5.6%) compared to 1 year ago and a transition to a bear market. 7 properties exchanged hands ( The market value represents an increase of 4 (+133.3%) compared to 1 year ago and a transition to a dramatic market.).

Keisei Main Line (Stations Land market overview)
Keisei Main LineThis year(2015)
(Avg.Age,Dim.)
1 year ago
(Avg.Age,Dim.)
2 years ago
(Avg.Age,Dim.)
Kounodai82,352 JPYsq.m
(0.0170sq.m)
--
Ichikawamama---
Sugano--275,000 JPYsq.m
(0.0120sq.m)
Keiseiyawata---
Onigoe---
Keiseinakayama---
Higashinakayama---
Keiseinishifuna---
Kaijinn157,894 JPYsq.m
(0.095.0sq.m)
--
Keiseifunabashi---
Daijinnguushita---
Funabashikeibajou--293,548 JPYsq.m
(0.0310sq.m)
Yatsu69,879 JPYsq.m
(0.0830sq.m)
-155,293 JPYsq.m
(0.0298sq.m)
Keiseitsudanuma272,916 JPYsq.m
(0.0160sq.m)
141,176 JPYsq.m
(0.0170sq.m)
312,000 JPYsq.m
(0.0125sq.m)
Keiseiookubo159,677 JPYsq.m
(0.0215sq.m)
148,792 JPYsq.m
(0.0165sq.m)
119,107 JPYsq.m
(0.0168sq.m)
Mimomi122,203 JPYsq.m
(0.0159sq.m)
102,994 JPYsq.m
(0.0195sq.m)
107,287 JPYsq.m
(0.0174sq.m)
Yachiyodai63,896 JPYsq.m
(0.0377sq.m)
100,049 JPYsq.m
(0.0259sq.m)
116,644 JPYsq.m
(0.0145sq.m)
Keiseioowada141,666 JPYsq.m
(0.0120sq.m)
88,235 JPYsq.m
(0.0170sq.m)
82,221 JPYsq.m
(0.0187sq.m)
Katsutadai87,875 JPYsq.m
(0.0155sq.m)
123,122 JPYsq.m
(0.0259sq.m)
127,751 JPYsq.m
(0.0224sq.m)
Shidu53,066 JPYsq.m
(0.0534sq.m)
24,771 JPYsq.m
(0.0387sq.m)
95,168 JPYsq.m
(0.0218sq.m)
Yu-Karigaoka74,747 JPYsq.m
(0.0172sq.m)
117,771 JPYsq.m
(0.0190sq.m)
122,515 JPYsq.m
(0.0170sq.m)
Keiseiusui51,947 JPYsq.m
(0.0301sq.m)
55,020 JPYsq.m
(0.0247sq.m)
48,114 JPYsq.m
(0.0461sq.m)
Keiseisakura52,013 JPYsq.m
(0.0160sq.m)
4,666 JPYsq.m
(0.01,500sq.m)
51,603 JPYsq.m
(0.0453sq.m)
Oosakura--6,976 JPYsq.m
(0.0430sq.m)
Keiseishisui--21,052 JPYsq.m
(0.0190sq.m)
Sougosanndou---
Koudunomori77,419 JPYsq.m
(0.0155sq.m)
106,926 JPYsq.m
(0.0250sq.m)
74,994 JPYsq.m
(0.0612sq.m)
Keiseinarita77,669 JPYsq.m
(0.0500sq.m)
47,619 JPYsq.m
(0.01,210sq.m)
17,174 JPYsq.m
(0.0675sq.m)
Narita Airport---

*Average unit prices per sq.m of Land at each train station were calculated using the Utinokati database of actual market sales prices (based on surveys conducted by the Ministry of Land, Infrastructure, Transport, and Tourism of Japan). Units: JPY (Japanese Yen); parenthesis contain average age in years of building / equivalent measurement of area of real estate.

Noteworthy stations

Keiseisakura52,013 JPY/sq.m (+1015% compared with the previous year)

The average price of Keiseisakura Land was 52,013 JPY/sq.m. The market value represents an increase of 47,347 JPY (+1014.7%) compared to 1 year ago and a transition to a dramatic market. 3 properties exchanged hands ( The market value represents an increase of 2 (+200.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 160.0 sq.m (a -89.3% decrease compared to the 1500.0 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 30.0 min in 2014 and 8.0 min in 2015; -73.3%)

Shidu53,066 JPY/sq.m (+114% compared with the previous year)

The average price of Shidu Land was 53,066 JPY/sq.m. The market value represents an increase of 28,295 JPY (+114.2%) compared to 1 year ago and a transition to a dramatic market. 5 properties exchanged hands ( The market value represents an increase of 2 (+66.7%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 534.0 sq.m (a +38.1% increase compared to the 386.7 sq.m of last year.).

Cause of price increases

  • A dramatic decrease in average distance from the station (representing 22.7 min in 2014 and 14.8 min in 2015; -34.7%)

Yu-Karigaoka74,747 JPY/sq.m (-37% compared with the previous year)

The average price of Yu-Karigaoka Land was 74,747 JPY/sq.m. The market value represents a decrease of 43,024 JPY (-36.5%) compared to 1 year ago and a transition to a dramatic market. 2 properties exchanged hands ( The market value represents a decrease of 2 (-50.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 172.5 sq.m (a -9.2% decrease compared to the 190.0 sq.m of last year.).

Causes of price decreases

  • A dramatic increase in average distance from the station (representing 15.2 min in 2014 and 18.5 min in 2015; +21.3%)

Yachiyodai63,896 JPY/sq.m (-36% compared with the previous year)

The average price of Yachiyodai Land was 63,896 JPY/sq.m. The market value represents a decrease of 36,154 JPY (-36.1%) compared to 1 year ago and a transition to a dramatic market. 9 properties exchanged hands ( The market value represents an increase of 5 (+125.0%) compared to 1 year ago and a transition to a dramatic market.).

The average size of the real estate was 376.7 sq.m (a +45.6% increase compared to the 258.8 sq.m of last year.).

Causes of price decreases

  • An increase in average distance from the station (representing 15.5 min in 2014 and 18.2 min in 2015; +17.6%)

Breakdown of each segment

Station:   Segment:

Utinokati, Outi Research

*If you wish to use or reproduce this data, please enter the URL (https://utinokati.com/en/) where the data will be posted. (As a general rule, prior consent is not required.) Our data is based on Ministry of Land, Infrastructure, Transport, and Tourism of Japan (actual market sales prices)